Global EditionASIA 中文双语Français
Home / Opinion / We Comment

'Overcapacity' claims mask EU and US' EV weakness

By Yao Yuxin | | Updated: 2024-06-12 07:11
Share - WeChat

In response to the European Union launching an anti-subsidy investigation into Chinese electric vehicles and the United States raising tariffs on Chinese EVs from 25 percent to 100 percent, Asit K. Biswas, a distinguished visiting professor at the University of Glasgow in the United Kingdom and director of Water Management International in Singapore, expressed his skepticism about the so-called "overcapacity" claims in an exclusive interview with China Daily.

Biswas believes the real reason behind the moves is the lack of competitiveness in terms of price and technology in the European and US EV industries. As a result, these regions are resorting to investigations and tariff hikes to delay the entry of Chinese EVs into their markets, thereby creating time to narrow the technology and price gap.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349